A 12-year bond has an annual coupon of 9% and its yield to maturity is 7% at the current price. Which of the following statements is CORRECT? Select one: O a. If market interest rates decline, the price of the bond will also decline. O b. The bond is currently selling at a price below its par value. O c. If market interest rates remain unchanged, the bond's price one year from now will be lower than it is today. O d. The bond currently sells at its par value. O e. If market interest rates remain unchanged, the bond's price one year from now will be higher than it is today